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Maharashtra revives water transport proj worth Rs1,00,035 cr-news05032012


MSRDC would soon invite tenders for a passenger water transport system along the east and west coasts of Mumbai. The project would be implemented on a cash-on-contract basis instead of a build-operate-transfer model.

This is one of the projects lined up by the Maharashtra government with an investment of Rs1,00,035 crore to improve the city’s infrastructure. The project on the west coast would cover Borivali, Marve, Versova, Juhu, Bandra and Nariman Point.

The eastern coast project would be between Ferry Wharf and Nerul, and include Rewas, Mandwa and JNPT. Passenger water transport along western coast is estimated at Rs750 crore while Rs500 crore will be required for eastern coast project.

MSRDC has revived the project as its earlier attempt to carry out the project on a BOT basis in August 2010 had failed. MSRDC had awarded a Rs1,200-crore contract for passenger water transport between Nariman Point and Borivali to Pratibha Industries but the project could not take off following issues between the concessionaire and MSRDC over various works. Besides, serious objections were raised to the acceptance of a single bid and the capability of the concessionaire.
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